M&A

Rio options DiscovEx's iron ore rights

Agreement covers 1.4Bt Spearhole resource and other Pilbara leases

Rio, which operates mines and rail across the region, will pay up to A$9.3 million under the option agreement, plus a 0.9-1% royalty on future production for up to 20 years, depending on the tenement....

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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